This payoff letter template includes fields for personal information, amount owed, payment plan or full payment offer, and lender details. You can mail in the completed form to our office.You may complete the fillable form and print, or print and then complete the form. The City of San José processes requests for payoff demands of existing homebuyer and home repair loans, and affordability restrictions (i.e. I certify I am a CalHFA Approved Lender. With an open line of credit, you can borrow up to the limit, pay down the balance and then continue to borrow more. What's the monthly payment? It is a way of consolidating all of your debts into a single loan with one monthly payment. We will not issue a release for a Notice of State Tax Lien that has expired. During a real estate or loan transaction.